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Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans

Started by Bitcoin, Aug 14, 2024, 11:36 am

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Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans

Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized LoansMercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto in the exchange, and liquidations will not be automatically executed, being examined on a case-by-case basis […]

Source: Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans